EIA Sees WTI Dip to the High-$40 Range Next Year

August 14, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Commodity prices by 2026 are expected to whipsaw, with the U.S. benchmark for natural gas jumping on exports and oil prices cratering due to foreign supply-side pressures, the federal government said. Crude oil prices so far this year have been range-bound, lingering largely in the mid-$60-per-barrel range for West Texas Intermediate (WTI), the U.S. benchmark for the price of crude oil.